A gst registered regular scheme dealer purchases of goods from registered dealer Rs: 2,00000/- cgst :18,000+ sgst :18,000/- total invoice value Rs:2,36,000/-. Dt:10-09-2020.but this total goods returned to selleing dealer Dt:15-09-2020.
Question:
Dealer return goods transaction treatment and reporting in gstrb in gst act.
Sundaraiahk@gmail.com Asked question October 13, 2020
As goods were returned in same month, no ITC thereof should be availed in GSTR-3B of September,2020. Ask the supplier to issue credit note so that no ITC appears in your GSTR-2A.
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Frah Saeed Changed status to publish October 14, 2020